The Tether Stablecoin (USDT) has reached the milestone of 80 billion USD on the TRON blockchain, accounting for more than 50% of the circulating USDT supply. TRON's dominance in USDT payments is a positive signal for the future price of TRX and reflects the increasing demand in the crypto market.
USDT trading on TRON has seen steady growth, reaching 71 billion USD in May, although it still trails behind Ethereum with 75 billion USD. However, USDT has surpassed Ethereum in terms of net circulating supply, currently at 72.9 billion USD.
Other chains like Solana ( with 1.8 billion USD), Aptos ( with 810 million USD), and Toncoin ( with 543 million USD) have a much smaller USDT circulating supply. Users prefer TRON for large transactions due to low costs and fast speeds. In June, TRX staking accounted for 46% of the total cryptocurrency on the network.
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The USDT supply on Tron reached 80 billion USD.
The Tether Stablecoin (USDT) has reached the milestone of 80 billion USD on the TRON blockchain, accounting for more than 50% of the circulating USDT supply. TRON's dominance in USDT payments is a positive signal for the future price of TRX and reflects the increasing demand in the crypto market.
USDT trading on TRON has seen steady growth, reaching 71 billion USD in May, although it still trails behind Ethereum with 75 billion USD. However, USDT has surpassed Ethereum in terms of net circulating supply, currently at 72.9 billion USD.
Other chains like Solana ( with 1.8 billion USD), Aptos ( with 810 million USD), and Toncoin ( with 543 million USD) have a much smaller USDT circulating supply. Users prefer TRON for large transactions due to low costs and fast speeds. In June, TRX staking accounted for 46% of the total cryptocurrency on the network.